Menorah Park Center For Senior Living
- Assets
- $96.9m
- Revenue
- $72.3m
- Investments
- $0.0
- Employees
- 1,639
- Location
- Beachwood, OH
- Founding
- 10/1938
- Data as of
- 06/2021
- EIN
- 34-0714443
Organization Overview
Menorah Park Center For Senior Living is located in Beachwood, OH. The organization was established in 1938. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2021, Menorah Park Center For Senior Living employed 1,639 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Menorah Park Center For Senior Living is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Menorah Park Center For Senior Living generated $72.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $81.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PART I, LINE 1: MENORAH PARK CENTER FOR SENIOR LIVING PROVIDES A FULL SPECTRUM OF DIRECT HEALTH CARE SERVICES TO SENIOR ADULTS IN THE GREATER CLEVELAND, OHIO AREA. SERVICES ARE PROVIDED TO APPROXIMATELY ONE THOUSAND FRAIL SENIORS PER DAY IN SERVICES SUCH AS SKILLED NURSING, ASSISTED LIVING, INDEPENDENT LIVING, HOME HEALTH, HOSPICE, ADULT DAY CARE, OUTPATIENT PHYSICAL THERAPY AND MEALS ON WHEELS. SERVICES ARE PROVIDED TO MANY INDIGENT CLIENTS DUE TO OUR MISSION OF BEING A RELIGIOUS SPONSORED AGENCY WHICH PROVIDES CARE AND HEALTH CARE PROGRAMMING TO ALL CLIENTS IN AN ATMOSPHERE OF RESPECT, DIGNITY AND CARING WITHIN A FRAMEWORK OF TRADITIONAL JEWISH VALUES. OUR ORGANIZATION ALSO PROVIDES MANY EDUCATIONAL PROGRAMS TO SENIORS AND HEALTH CARE PROFESSIONALS IN THE GENERAL COMMUNITY.
Describe the Organization's Program Activity:
SKILLED NUSING FACILITY: OUR NURSING HOME HAS 355 BEDS AND OFFERS POST HOSPITAL REHABILITATION SERVICES AND LONG TERM NURSING CARE. SPECIFIC SERVICES INCLUDE MEDICAL CARE, NURSING CARE, PHYSICAL AND OCCUPATIONAL THERAPY, SOCIAL WORK AND RECREATIONAL THERAPY. APPROXIMATELY 80% OF OUR LONG TERM CARE BEDS ARE OCCUPIED BY INDIGENT CLIENTS. SERVICES ARE OFFERED REGARDLESS OF AN INDIVIDUAL'S ABILITY TO PAY. ASSISTED LIVING: OUR CHARITABLE ORGANIZATION PROVIDES TWO ASSISTED LIVING RESIDENCES, WHICH CARE FOR 250 CLIENTS. SPECIFIC SERVICES INCLUDE APARTMENT STYLE LIVING, NURSING ASSISTANCE WITH TAKING AND DISPENSING MEDICATIONS, PROVIDING HELP TO DRESS AND BATHE, PROVIDING MEALS, HOUSEKEEPING, ACTIVITIES AND SECURITY. INDEPENDENT LIVING: MENORAH PARK ALSO PROVIDES INDEPENDENT LIVING SERVICES FOR 200 CLIENTS IN A SEPARATE RESIDENCE ORGANIZED FOR THIS PURPOSE. SPECIFIC SERVICES INCLUDE APARTMENT STYLE LIVING, MEALS, HOUSEKEEPING, ACTIVITIES, WELLNESS NURSE CHECKS, RECREATIONAL THERAPY, TRANSPORTATION AND SECURITY. 42 APARTMENTS ARE RESERVED FOR INDIGENT CARE THROUGH HUD SECTION 8 TENANT-BASED ASSISTANCE HOUSING CHOICE VOUCHER PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Newbrough President & | Officer | 30 | $724,847 |
Richard Schwalberg COO | Officer | 40 | $414,944 |
Brenda Satterfield CFO | Officer | 30 | $389,784 |
Jamie Herbst VP - Human R | 30 | $240,907 | |
Nancy Sutula VP - Residen | 40 | $211,320 | |
Lori Lozier Administrato | 10 | $197,636 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Intelycare Inc Nursing Staff | 6/29/21 | $302,015 |
Bonezzi Switzer Polito & Hupp Co Lpa Legal | 6/29/21 | $217,772 |
Favorite Healthcare Staffing Nursing Staff | 6/29/21 | $177,164 |
Dr Kostolich & Assoc Medical Coding | 6/29/21 | $148,914 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,519,715 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,485,775 |
| Government grants | $2,942,596 |
| All other contributions, gifts, grants, and similar amounts not included above | $112 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,948,198 |
| Total Program Service Revenue | $65,997,276 |
| Investment income | $365,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,312,185 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $34,867 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,574,370 |
| Compensation of current officers, directors, key employees. | $1,574,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,954,509 |
| Pension plan accruals and contributions | $1,800,613 |
| Other employee benefits | $5,293,716 |
| Payroll taxes | $3,414,197 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $196,291 |
| Fees for services: Accounting | $85,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,020,861 |
| Advertising and promotion | $152,858 |
| Office expenses | $7,281,911 |
| Information technology | $74,076 |
| Royalties | $0 |
| Occupancy | $5,159,958 |
| Travel | $244,549 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,921 |
| Interest | $1,693,535 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,827,031 |
| Insurance | $607,359 |
| All other expenses | $0 |
| Total functional expenses | $81,942,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,011,219 |
| Savings and temporary cash investments | $5,990,893 |
| Pledges and grants receivable | $76,206 |
| Accounts receivable, net | $8,997,541 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,879,485 |
| Net Land, buildings, and equipment | $35,079,532 |
| Investments—publicly traded securities | $1,248,443 |
| Investments—other securities | $0 |
| Investments—program-related | $40,551,920 |
| Intangible assets | $0 |
| Other assets | $41,889 |
| Total assets | $96,877,128 |
| Accounts payable and accrued expenses | $30,751,136 |
| Grants payable | $0 |
| Deferred revenue | $952,609 |
| Tax-exempt bond liabilities | $31,210,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $6,000,000 |
| Other liabilities | $259,014 |
| Total liabilities | $69,172,759 |
| Net assets without donor restrictions | $17,480,628 |
| Net assets with donor restrictions | $10,223,741 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $96,877,128 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Menorah Park Center For Senior Living has recieved totaling $13,569.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: RELIGIOUS | $5,500 |
Jewish Community Foundation Of Southern Arizona Tucson, AZ PURPOSE: SUPPORT | $5,474 |
Samuel H And Maria Miller Foundation Cleveland, OH PURPOSE: GENERAL | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $95 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Acts Retirement-Life Communities Inc Fort Washington, PA | $1,794,608,174 | $465,695,033 |
Ohio Living Communities Westerville, OH | $447,327,891 | $153,214,887 |
Willow Valley Communities Lancaster, PA | $552,338,395 | $126,609,439 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Menorah Park Center For Senior Living Beachwood, OH | $96,877,128 | $72,312,185 |
Spiritrust Lutheran York, PA | $151,346,375 | $71,838,005 |
Otterbein Homes Lebanon, OH | $197,247,651 | $73,479,652 |
Humangood Pennsylvania Lafayette Hill, PA | $322,351,436 | $66,729,303 |
Bhi Senior Living Inc Indianapolis, IN | $339,336,234 | $58,133,040 |
Menno-Haven Inc Chambersburg, PA | $224,712,119 | $60,604,024 |
Kendal-Crosslands Communities Kennett Square, PA | $254,475,918 | $64,274,930 |
United Church Of Christ Homes Camp Hill, PA | $133,046,183 | $59,846,484 |